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$2,150 - $2,1951 to 3 Bedroom Apartments Available Now
Huning Castle Apartments
1500 Central Ave SWAlbuquerque, NM 87104
Cheap Apartments for Rent in the Downtown Albuquerque Neighborhood of Albuquerque, NM from $600 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Albuquerque area of Albuquerque.
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Rent Specials
$1,600 - $2,0002 Bedroom Apartments Available Now
One Central
1 Central Ave NWAlbuquerque, NM 87102
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$775 - $795Studio Apartments Available Now
Millennium Flats
1020 Central Ave SWAlbuquerque, NM 87102
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Rent Specials
$1,195 - $1,395
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $1,395
Total Monthly Price
$1,195 - $1,395
Nine-O-Nine Apartments
909 Tijeras Ave NWAlbuquerque, NM 87102
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Studio Apartments
Sunrise Bank
219 Central Ave NWAlbuquerque, NM 87102
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1 Bedroom Apartments
873-895 Silver Ave SW
873-895 Silver Ave SWAlbuquerque, NM 87102
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2 Bedroom Apartments
800 Kent Ave NW
800 Kent Ave NWAlbuquerque, NM 87102
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Studio Apartments
200-208 10th St NW
200-208 10th St NWAlbuquerque, NM 87102
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Studio Apartments
1216 Gold Ave SW
1216 Gold Ave SWAlbuquerque, NM 87102
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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Studio Apartments
1114 Gold Ave SW
1114 Gold Ave SWAlbuquerque, NM 87102
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Studio Apartments
1100 Gold Ave SW
1100 Gold Ave SWAlbuquerque, NM 87102
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Studio Apartments
805 Tijeras Ave NW
805 Tijeras Ave NWAlbuquerque, NM 87102
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1 Bedroom Apartments
204-210 12th St SW
204-210 12th St SWAlbuquerque, NM 87102
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Studio Apartments
1123 Silver Ave SW
1123 Silver Ave SWAlbuquerque, NM 87102
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Studio Apartments
1204 Silver Ave SW
1204 Silver Ave SWAlbuquerque, NM 87102
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Studio Apartments
913 Copper Ave NW
913 Copper Ave NWAlbuquerque, NM 87102
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Studio Apartments
1021 Silver Ave SW
1021 Silver Ave SWAlbuquerque, NM 87102
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1 to 2 Bedroom Apartments
909-911 Gold Ave SW
909-911 Gold Ave SWAlbuquerque, NM 87102
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
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1 Bedroom Apartments
El Portal
323 11th St NWAlbuquerque, NM 87102
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Studio Apartments
1111 Silver Ave SW
1111 Silver Ave SWAlbuquerque, NM 87102
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Studio Apartments
1107 Tijeras NW
1107 Tijeras NWAlbuquerque, NM 87102
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Studio Apartments
504 14th St SW
504 14th St SWAlbuquerque, NM 87102
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1 to 2 Bedroom Apartments
311-319 12th St SW
311-319 12th St SWAlbuquerque, NM 87102
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1 Bedroom Apartments
1413 Fruit Ave NW
1413 Fruit Ave NWAlbuquerque, NM 87104
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Studio Apartments
1023 Central Ave NW
1023 Central Ave NWAlbuquerque, NM 87102
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Studio Apartments
1017-1025 Fruit Ave NW
1017-1025 Fruit Ave NWAlbuquerque, NM 87102
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Studio Apartments
201 11th St NW
201 11th St NWAlbuquerque, NM 87102
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Studio Apartments
300-306 12th St SW
300-306 12th St SWAlbuquerque, NM 87102
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Studio Apartments
1008 Central Ave NW
1008 Central Ave NWAlbuquerque, NM 87102
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Studio Apartments
720 Roma Ave NW
720 Roma Ave NWAlbuquerque, NM 87102
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1 to 2 Bedroom Apartments
902 Tijeras Ave NW
902 Tijeras Ave NWAlbuquerque, NM 87102
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Studio Apartments
1210 Central Ave NW
1210 Central Ave NWAlbuquerque, NM 87102
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1 Bedroom Apartments
711 Roma Ave NW
711 Roma Ave NWAlbuquerque, NM 87102
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Studio Apartments
401 14th St SW
401 14th St SWAlbuquerque, NM 87102
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1 Bedroom Apartments
400 11th St NW
400 11th St NWAlbuquerque, NM 87102
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Studio Apartments
1404 Silver Ave SW
1404 Silver Ave SWAlbuquerque, NM 87102
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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1 Bedroom Apartments
Arcadia Courtyard
1020 Park Ave SWAlbuquerque, NM 87102
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Studio Apartments
Downtown @ 700
700 2nd St NWAlbuquerque, NM 87102
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1 to 3 Bedroom Apartments
Anthea
950 4th St NWAlbuquerque, NM 87102
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2 Bedroom Apartments
Park Place
1325 Park Ave SWAlbuquerque, NM 87102
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Studio to 1 Bedroom Apartments
The Franz
1716 Central Ave NWAlbuquerque, NM 87104
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1 Bedroom Apartments
Country Club Lofts
1700 Central Ave SWAlbuquerque, NM 87104
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Studio Apartments
510 2nd St NW
510 2nd St NWAlbuquerque, NM 87102
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1 to 2 Bedroom Apartments
La Plata Manor
1221 Silver Ave SWAlbuquerque, NM 87102
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1 Bedroom Apartments
709 Roma Ave NW
709 Roma Ave NWAlbuquerque, NM 87102
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Studio Apartments
601 8th St NW
601 8th St NWAlbuquerque, NM 87102
Showing Results 1-46, Page 1 of 1
Downtown Albuquerque, Albuquerque, NM Local Guide
How much does it cost to rent an apartment in Downtown Albuquerque?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Albuquerque Studio Apartments | $949 | $775 | $1,800 |
| Downtown Albuquerque 1 Bedroom Apartments | $1,217 | $956 | $1,500 |
| Downtown Albuquerque 2 Bedroom Apartments | $1,873 | $1,395 | $2,195 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 46 rentals with your search options within a 2 mile radius of the Downtown Albuquerque Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Downtown Albuquerque, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
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Cheapest Available Downtown Albuquerque Apartments for Rent
The cheapest available apartment rental in the Downtown Albuquerque area of Albuquerque, NM is a Studio unit found at Silver Moon Lodge priced from $897. Nine-O-Nine Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable Downtown Albuquerque apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1,195 |
| Mehran Lofts | 0BR/1.0BA | Studio,1BA | $1,275 |
| 505 Central Lofts | Studio | Studio,1BA | $1,300 |
| One Central | 2x2 ABB | 2BR,2BA | $1,850 |
| Huning Castle Apartments | Dover Building A & B | 2BR,2BA | $2,150 |
Best Value Apartments for Rent in Downtown Albuquerque, NM
As of July 09, 2026 the best value apartment in the Downtown Albuquerque area is the $2.12 price per square foot Dover Building A & B Model at Huning Castle Apartments in the in the Silver Lofts neighborhood starting from $2,150. The second greatest value Downtown Albuquerque apartment is the Studio Model at 505 Central Lofts starting at $1,300 with a $1.76 price per square foot in the Netherwood Park neighborhood. Here is today’s list of the best values for Downtown Albuquerque apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Huning Castle Apartments | Dover Building A & B | 2BR,2BA | $2.12 |
| 505 Central Lofts | Studio | Studio ,1BA | $1.76 |
| One Central | 2x2 ABB | 2BR,2BA | $2.56 |
| Mehran Lofts | 0BR/1.0BA | Studio ,1BA | $1.78 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.68 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
Read Article
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleDowntown Albuquerque, Albuquerque, NM
Ranked #242
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Downtown Albuquerque Apartments
What is the Cheapest Studio apartment in Downtown Albuquerque?
Currently the most affordable Cheap Studio Apartment in Downtown Albuquerque is at Silver Moon Lodge listed at $897.
What is the lowest price for a Cheap Two Bedroom Downtown Albuquerque Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Albuquerque is starting from $1,395 at Nine-O-Nine Apartments.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides
A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
Written by: Esther Lombardi
Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.
The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.
Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
Written by: Esther Lombardi
Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.
Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.